Falling Stocks: Cadiz Inc(NASDAQ:CDZI), Corinthian Colleges Inc(NASDAQ:COCO), and Apptigo International Inc(OTCBB:APPG)
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Cadiz Inc(NASDAQ:CDZI) lost $1.27 to finish the day at a closing price of $12.04, a 9.54% decrease in value from the previous closing price. Despite the loss in value, the stock remains just $2.86 below its 52 week high of $14.90. Cadiz Inc(NASDAQ:CDZI) had a trading volume of 156,837, a figure which is almost triple its three month average volume of 53,653. The stock has a market capitalization of $208.46 million with 16.18 million shares.
Corinthian Colleges Inc(NASDAQ:COCO) suffered a 10.57% loss as the stock fell $0.019 to finish the day at a new closing price of $0.165. The stock has traded within a range of $0.13 to $2.75 over the past 52 weeks. Corinthian Colleges Inc(NASDAQ:COCO) has suffered substantial losses in value since it was revealed that the U.S. Department of Education had taken measures to limit the company’s access to federal student loan funds, which comprise much of the company’s profits.
Apptigo International Inc(OTCBB:APPG) saw its value decline by 14.12% as the stock fell $0.072 to move to a closing price of $0.438. The stock’s value has decreased substantially from its closing price high of $1.87 recorded on Aug. 11th. Apptigo International Inc(OTCBB:APPG) had previously seen its value rise as a result of an aggressive public relations campaign that spoke to the strengths of its “Apptigo Thought Series” blog and purchase of video game patents from 6K Games.
I have a confession to make – I am not always right. Sometimes, unfortunately, I will send alerts that experience losses.
I have alerted companies that rallied 100% or even 6,000% (not even joking) in under a week. Likewise, I have alerted companies that tanked 10, 20, sometimes even as much as 30 or 40%. However overall it is about the net result that delivers profits into your portfolio.
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